Assets Liabilities Quotes & Sayings

Heaven is going to be like this life, only better. It will be like this life with all its joys and beauties and pleasures, but without the drawbacks - with all the assets but none of the liabilities. — David Berg

Don't cease till your rivals turn to allies, failures to lessons; your liabilities to assets, pains to joy. You're able to finish the race! — Assegid Habtewold

A global financial cabal engineered a fraudulent housing and debt bubble [2008], illegally shifted vast amounts of capital out of the US; and used 'privatization' as a form of piracy - a pretext to move government assets to private investors at below-market prices and then shift private liabilities back to government at no cost to the private liability holder Clearly, there was a global financial coup d'etat underway. — Catherine Austin Fitts

In the agricultural age, women conceived younger and had many more children because children were economic assets as workers on the farm. In the postindustrial age, children are emotional assets but economic liabilities, costing both a middle-class husband and wife or a single parent over $10,000 a year. — Rachel Lehmann-Haupt

OWE, v. To have (and to hold) a debt. The word formerly signified not indebtedness, but possession; it meant "own," and in the minds of debtors there is still a good deal of confusion between assets and liabilities. — Ambrose Bierce

Our liabilities pose the problem of inadequacy; our our assets, the challenge of responsibility. Our strengths or virtues can make us feel alone, alienated, cut off from the common herd, a target for envy and hostility, and our desire to belong can overcome any desire to actualise our highest potential. — Nathaniel Branden

Countries don't go out of business ... The infrastructure doesn't go away, the productivity of the people doesn't go away, the natural resources don't go away. And so their assets always exceed their liabilities, which is the technical reason for bankruptcy. And that's very different from a company. — Walter Wriston

Most people ... find a disorientating mismatch between the long-term nature of their liabilities and the increasingly short-term nature of their assets. — James A. Baldwin

The liabilities are always 100 percent good. It's the assets you have to worry about. — Charlie Munger

Rule #1: You must know the difference between an asset and a liability, and buy assets. If you want to be rich, this is all you need to know. It is rule number one. It is the only rule. This may sound absurdly simple, but most people have no idea how profound this rule is. Most people struggle financially because they do not know the difference between an asset and a liability. "Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets, " said rich dad. — Robert T. Kiyosaki

Taking an inventory of mental assets and liabilities, you will discover that your greatest weakness is lack of self-confidence. This handicap can be surmounted - and timidity translated into courage - through the aid of the principle of autosuggestion. — Napoleon Hill

they sought to revitalize a nineteenth-century style of employment relations in which workers were considered liabilities rather than assets. It was a style in which a company's success was in opposition to workers' welfare rather than dependent on it. — Erin Hatton

I swore I was going to exclusively collect assets and not liabilities for the rest of my life. I swore never to take gambles I couldn't back up, or that I couldn't afford to lose. And, I've stuck with that ever since. — Tim Blixseth

The idea that an independent Scotland - having separated assets and liabilities from the rest of the U.K. - would expect the rest of the U.K. to be a lender of last resort, and of course be kind to them, doesn't make any sense. — Johann Lamont

Net Assets means the total assets minus total liabilities. The — Jigar Patel

Our brains are either our greatest assets or our greatest liabilities. — Robert T. Kiyosaki

Liabilities are just assets in hiding. — Mark Victor Hansen

Two of the things to look out for are that operational cash flows should match or be close to profit levels, and current assets should exceed current liabilities. — Matthew Kidman

Keep expenses low, reduce liabilities, and diligently build a base of solid assets. — Robert T. Kiyosaki

Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets, — Robert Kiyosaki

It would be a very odd chancellor of any UK government that insisted on a course of action that cost their own businesses hundreds of millions of pounds, that blew a massive hole in their balance of payments and, because assets and liabilities go hand in hand, would potentially leave the rest of the UK shouldering the entirety of UK debt. — Nicola Sturgeon

Beware leverage in all its forms. Borrowers - individual, corporate, or government - should always match fund their liabilities against the duration of their assets. Borrowers must always remember that capital markets can be extremely fickle, and that it is never safe to assume a maturing loan can be rolled over. Even if you are unleveraged, the leverage employed by others can drive dramatic price and valuation swings; sudden unavailability of leverage in the economy may trigger an economic downturn. — Seth Klarman

Who you choose to surround yourself with will determine if you fail, or if you will succeed. Assets are people who will support you, build you up, and encourage you. Liabilities are people who will tear you down, discourage you, and give you reasons why you can't do whatever it is you want to do. Minimize the liabilities and you'll go far in life. — Steven Wolff

Depression was, indeed, the hand of a friend trying to press me down to ground on which it was safe to stand - the ground of my own truth, my own nature, with its complex mix of limits and gifts, liabilities and assets, darkness and light. — Parker J. Palmer

Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket. — Robert Kiyosaki

Value investors will not invest in businesses that they cannot readily understand or ones they find excessively risky. Hence few value investors will own the shares of technology companies. Many also shun commercial banks, which they consider to have unanalyzable assets, as well as property and casualty insurance companies, which have both unanalyzable assets and liabilities. — Seth Klarman

Golf is the only-est sport. You're completely alone with every conceivable opportunity to defeat yourself. Golf brings out your assets and liabilities as a person. The longer you play, the more certain you are that a man's performance is the outward manifestation of who, in his heart, he really thinks he is. — Hale Irwin